UBA
Stock market posts marginal loss as investors trade 3.95bn shares in one week
The Nigerian Exchange closed the week lower as the All-Share Index dipped 0.12%, market capitalisation fell to N128.969 trillion, and trading volume weakened.
Stock market closes trading negative after Eid-el-Fitr holiday
The Nigerian stock market dipped 1.07% post-Eid-el-Fitr as investors offloaded major stocks like GTCO and MTN Nigeria, with Presco leading gainers.
UBA Group and BII collaborate to support SMEs and close Africa’s trade finance gap
UBA UK and British International Investment have signed a letter of intent to enhance trade finance access for African businesses, addressing an $80 billion gap.
Access, UBA, Zenith, other banks raise interest rates on savings accounts
Nigerian banks, led by CBN's new policy, raise savings interest rates. But inflation outpaces yields, leaving many households feeling financial strain.
Tony Elumelu raises alarm over AI scam video falsely promoting forex, crypto platform
Tony Elumelu denies endorsing any forex or cryptocurrency platform after an AI-generated video falsely claimed so, urging vigilance against digital scams.
UBA Business Series highlights ‘Gen.W: The Evolved Woman,’ celebrating female leadership, enterprise
United Bank for Africa hosted a quarterly Business Series event tagged “Gen.W: The Evolved Woman”, as part of activities marking International Women’s Month.
Two big banks in Nigeria to merge as CBN recapitalisation ends in 21 days
Tension mounts as two major Nigerian banks explore merger talks ahead of the CBN's recapitalisation deadline, amid $706 million in fresh foreign investments.
4 weeks to CBN deadline: Which Nigerian banks are safe and who is still racing against time?
Nigeria’s banking sector faces a recapitalisation deadline. While major banks thrive, mid-tier and smaller banks struggle to raise funds, risking regulatory action.
Grief, lamentation as UBA loses ex-chairman, details emerge
It was a grief and lamentation period as the former chairman of the UBA, Chief Israel Ogbue, declared dead. Details surrounding his passing away have emerged
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